The longer it takes the better the possible outcome with a drilling plan outlined.
Market and gold up today.
If it was a negative result announcement would be out today.
Hold KAI also and this provides confidence for the region and CAD is so much closer to Hemi.
from latest KIA announcement.
"The rig has been mobilized to the Tierra prospect, with approximately 10 reconnaissance holes planned to be drilled in this first-pass program. Figure 3: Mt Magnet Reverse Circulation (RC) drill rig operating at the Fuego prospect, Croydon Project.
There is no previous drilling at Tierra prospect, and the targets are supported by strong geochemical anomalies coincident with geophysical features defined by Kairos’ recently completed Sub-Audio Magnetic (SAM) survey.
The previous rock chips and soils sampling programs at Tierra prospect delineated a 3km long corridor of highly anomalous soils and rock chips including the outstanding surface copper and gold grades from rock chip sampling (Figure 4). Granitic units related to the Sisters Supersuite intrusion outcrop directly near the anomalous soils and rock chip samples and enhance the potential of the prospect for intrusion-related gold mineralisation similar to the De Grey Mining’s Hemi discovery.
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